238 CIRCLE Drive E
About This Property
Country life in the city! Pet Friendly, Land, Minutes to the Beach and Jacksonville(between US Hwy 1 & I-95) As mentioned, almost 2 acres, while still in town! (So awesome!) Cats, dogs, horses, and chickens, etc welcome! Animal lovers paradise. Or not...keep it to yourself and enjoy the serenity. WORKING HOT TUB included with home! Newer washer and dryer also included with sale of the home! New upgrades! House has its own well and new septic, new water pump, water heater, water softener, new central air conditioning and heat. New tin roof and windows! Newer wood laminate floors, marble counter tops and tile. Energy-efficient, with a low electric bill! No Home Owner's Association. No HOA fees to pay! Conveniently located off of SR-16 between I-95 and US 1. Property is close to shopping @ Publix, outlet malls, downtown St. Augustine, World Golf Village, Flagler College, Jacksonville and beaches! It is a city block away from St. Johns River State College. Property is within walking distance to Publix and the "Shoppes at Mission Trace." Must see! Unique ! Private sanctuary!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017